Money is any financial instrument accepted as form of payment for good and services.

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78
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18answers
4k views

When traveling to a country with a different currency, how should you take your money?

Recently my wife and I traveled to Italy and before we left we got about 85% of our money in travelers checks and the other 15% we carried on in cash. When we arrived there, no one would take our ...
46
votes
8answers
2k views

How to successfully haggle / bargain in markets

While I've done quite a bit of travel now and back myself when it comes to border guards, sorting accommodation and / or transportation, one thing I still struggle to come to terms with is haggling in ...
20
votes
5answers
6k views

Should I change most of my money in my home country or in the destination country?

Where can I get more favourable exchange rate, in general?
15
votes
1answer
2k views

Is it really forbidden to cross the Indian border with Indian rupee?

Last week I tried to exchange some Swiss Francs into Indian rupees. For that I visited a big bank and they told me that they have rupees but I'm not allowed to import any into India. Is this really ...
24
votes
8answers
11k views

What is the best method for exchanging dollars for Euros?

I'm traveling from the US to Europe in a few weeks. What's the best method of exchanging dollars for Euros? I imagine there's options like: at the airport when you arrive in Europe at a bank in ...
15
votes
7answers
875 views

Which credit cards have global coverage?

While traveling I ran into two situations where my credit card was not accepted. I mainly use MasterCard. In China (although 10 years ago) Visa was accepted in most stores, but MasterCard was not. In ...
8
votes
2answers
4k views

Which foreign currencies can be used to exchange for INR in India?

Is there a preferred foreign currency to bring to India to exchange for the Indian Rupee? I understand that USD is the preferred currency in most countries, but is it OK to bring CAD? Will cab ...
7
votes
2answers
2k views

What is the best way to get ARS using USD?

The current (official) exchange rate for USD to ARS is around 1:5, but I've heard that due to the fluctuation recently there may be a way to get a better value for USD in Argentina. Any pointers?
19
votes
4answers
3k views

Can I use USD in Canada?

I will go to Canada for the first time from the United States. I will use credit card as much as possible but I guess I need cash for small shops and cafes anyway. To avoid exchange money back and ...
13
votes
2answers
300 views

Can Serbian dinars be exchanged in the Republic of Macedonia?

I just crossed the border from Serbia to the Republic of Macedonia and was surprised that the currency exchange booth on the Macedonian side accepted Euros but not Serbian dinar. Generally I've ...
8
votes
3answers
285 views

Open Banking account in the US for a foreign traveler

I am travelling to the US on vacation. I would like to open a banking account, probably a free checking account so that I can purchase tickets & rent hotels online. How do I go about this? Is it ...
6
votes
2answers
687 views

Which Australian bank/account incurs lowest fees using an ATM card overseas?

As per this question about US banks, I would like to know if any Australian bank offers an account with an ATM card (or Visa/Mastercard debit card) with no or low fees for travellers using them in ...
32
votes
6answers
7k views

What happens if you cannot pay for a hotel?

What happens if you cannot pay for your hotel stay because you accidentally run out of money (can happen) or your credit card was blocked (much more likely)? I assume you cannot arrange the money on ...
19
votes
6answers
5k views

Do all American ATMs charge an extra fee for cash withdrawls on a foreign card?

I've just gone to take some cash out of an ATM (Cash Machine) in Seattle. I visited about half a dozen in the end, and every single one wanted to charge me an extra fee (typically about $3) for the ...
15
votes
3answers
3k views

Are there any issues with using credit cards in Germany?

On my last trip to Germany my credit cards (chip-based Visa and MasterCard) were declined more than usual. I've been there like 10 times and haven't noticed this before but on this trip train ticket ...
14
votes
5answers
1k views

Accidentally travelling with a large amount of cash - epic fail!

With just under a week to go until I head for Europe I made an epic faux pas. Instead of ordering a Visa debit card with 1500 Euro added to it, I have ended up with 1500 Euro in cash. I cannot take ...
13
votes
5answers
1k views

Can I spend Renminbi in Hong Kong?

While travelling in Hong Kong, I noticed signs at several vendors advertising prices with the 元 character, which from my visit to Shanghai I recognized as the symbol for Yuán. Since Hong Kong has its ...
7
votes
1answer
171 views

How to get same-day emergency money in Thailand?

A Canadian guy at my hostel here in Bangkok lost his wallet last night so is without cash and cards. He flies back to Canada later today but needs some money to survive on and pay the hostel bill. He ...
6
votes
1answer
104 views

Is it possible or recommended to exchange US currency for Chinese currency outside China?

I'll be traveling to China soon, specifically to Wuhan, and I remember reading somewhere (I don't remember where, unfortunately) that it's only possible to exchange USD for RMB in China itself - is ...
15
votes
6answers
2k views

Changing unusual foreign currencies in London

I've just returned from several unusual countries in Asia, and annoyingly despite being told I'd have no problem, I'm unable to find anyone in London to change back to pounds. I've tried Travelex in ...
14
votes
4answers
2k views

Avoiding the traveller's 'fanny pack' / money-belt

A friend insists on wearing a moneybelt while travelling. Some prefer (shudder) 'fanny-packs' . I can't be bothered, frankly, I used to when I was 20 (have a money belt), but these days it's a ...
11
votes
2answers
552 views

Is Visa's Emergency Cash Disbursement reliable?

I have read the benefits page of Visa credit card, and it says they offer Cash Disbursement in case the card is stolen and they have a Global Customer Care number people can call and they will offer ...
7
votes
3answers
1k views

What's a “trip kitty”?

On some organized tour operator's sites, I see tour prices listed with a +amount labelled as "kitty" or "trip kitty" like this one. What is a "trip kitty"?
6
votes
3answers
1k views

How much hard cash can I carry while travelling overseas

I am going to travel from India to Poland. I have a travel card, but whats the limit of hard cash that I can carry.
5
votes
2answers
335 views

Availability of ATMs and exchange places in Morocco

I'm thinking about going to Morocco, and I would be avoiding the most touristic places. I've read the question When traveling to a country with a different currency, how should you take your money? ...
4
votes
2answers
1k views

VAT refund at Luton airport

I'm a non-EU citizen, leaving London from Luton airport. I'm trying to understand how to get a VAT refund on my way out. All I was able to find is this very sparse description at the airport website: ...